Here are the top 3 tips for beginners in trading:
1. Learn the basics well before starting to trade for real:
Understand how financial markets (such as stocks, currencies, or cryptocurrencies) work.
Learn basic concepts such as technical analysis, fundamental analysis, and risk management.
Use free resources such as books, e-courses, and specialized YouTube channels
2. Start with a demo account:
Use demo accounts provided by platforms to practice trading without risk.
This method helps you understand the market and refine your strategies without losing real money.
3. Don’t risk more than you can afford to lose:
Set a clear risk management plan (such as setting a maximum daily loss).
Don’t put your entire capital into a single trade, and it is preferable to have a risk ratio of 1-2% of your total capital for each trade.
Trading requires patience and discipline, so avoid emotions and always make your decisions based on logical analysis.
